How do Proposals B work?

Who can submit a Proposal Type-B?

Anyone who creates valuable art contents for HunterDAO can submit the Proposal B, applying for a target reward in HUNTER, i.e 0.25ETH, 0.5ETH, 0.75ETH, 1ETH, 1.5ETH or 2ETH.

Who can vote on the proposal B?

Users can deposit their HUNTER tokens in the STAKE section to get HUNTER-B tokens.

The 500 members, called The Jury, are selected randomly from all the HUNTER-B token holders and eligible to vote on the Proposal B.

The Jury system

Similar to the Citizen Jury mechanism as you know in your lives, The JURY are selected randomly from all the HUNTER-B holders to join the voting.

15-Day Governance Cycle

The Jury rotate and update the members randomly once every 15 days. . That make sure everyone has the chance to carry out this duty and attend the voting activity.

For every 15-day cycle, there are 3 rounds for governance.

The first 48 hours are open for Proposals submission.

Then the 72 hours afterwards are open for JURY Voting.

After that period ends, a new round for proposal submission will open again.

The Jury can not submit proposal B during their “period of duty”.

The proposer who apply the rewards for their creation, can only submit one proposal in each round.

Successful Proposals

The proposal will be considered as successful and Approved when it meets both the conditions:

1.The votes for YES is more than 50% 2.At least 50 of The JURY Vote for YES